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Anzu Special Acquisition Corp I (NASDAQ:ANZU) Reaches New 1-Year High at $9.95

Financial News Live ·  Nov 19, 2022 11:02

Anzu Special Acquisition Corp I (NASDAQ:ANZU – Get Rating)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $9.95 and last traded at $9.94, with a volume of 768709 shares traded. The stock had previously closed at $9.95.

Anzu Special Acquisition Corp I Price Performance

The business's fifty day simple moving average is $9.88 and its 200-day simple moving average is $9.83.

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Institutional Investors Weigh In On Anzu Special Acquisition Corp I

A number of large investors have recently added to or reduced their stakes in ANZU. Lynwood Capital Management Inc. grew its holdings in Anzu Special Acquisition Corp I by 15.7% in the 1st quarter. Lynwood Capital Management Inc. now owns 63,396 shares of the company's stock worth $619,000 after acquiring an additional 8,590 shares during the last quarter. Cheyne Capital Management UK LLP bought a new stake in shares of Anzu Special Acquisition Corp I during the 1st quarter valued at about $452,000. Basso Capital Management L.P. bought a new stake in shares of Anzu Special Acquisition Corp I during the 1st quarter valued at about $318,000. Hsbc Holdings PLC bought a new stake in shares of Anzu Special Acquisition Corp I during the 1st quarter valued at about $10,268,000. Finally, Saba Capital Management L.P. boosted its stake in shares of Anzu Special Acquisition Corp I by 1.8% during the 1st quarter. Saba Capital Management L.P. now owns 1,072,792 shares of the company's stock valued at $10,481,000 after purchasing an additional 19,304 shares in the last quarter. Institutional investors own 64.49% of the company's stock.

About Anzu Special Acquisition Corp I

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Anzu Special Acquisition Corp I does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of industrial applications.

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